JUST IN: Chinese investors take over Nigeria’s guest houses in Liverpool, to sell on eBay for $2.2 million
JUST IN: Chinese investors take over Nigeria’s guest houses in Liverpool, to sell on eBay for $2.2 million
A Chinese investment group racing to recover up to $70 million in arbitration awards from Nigeria has concluded plans to list two residential structures it confiscated from the country for sale on global online marketplace eBay.
According to Peoples Gazette, who interviewed people familiar with the arrangement, Zhongshang Fucheng Industrial Investment Ltd took possession of two buildings linked to the Nigerian government in Liverpool, United Kingdom, in June 2024, years after Nigeria failed to settle an arbitration judgement handed down in 2021.
